HomeMy WebLinkAbout2019-12-05; Oak and Harding Veterans Project - Windsor Pointe - Status; |Barberio, Gary| de Cordova, David|To the members of the:
~Fi;'( COUNCIL
Date ~CA '/v C
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Council Memorandum
Dec. 5, 2019
To:
From:
Via:
Re:
Honorable Mayor Hall and Members of the City Council
Gary Barberio, Deputy City Manager, Community Services
David de Cordova, Principal Planner ~ ./
Elaine Lu key, Chief Operations Officer y-
Oak and Harding Veterans Project (Windsor Pointe) Status
{city of
Carlsbad
Memo ID# 2019141
This memorandum provides information related to the status of the Oak and Harding Veterans
Housing Project (Project), also known as Windsor Pointe.
Background
On Jan. 18, 2017, the Planning Commission approved site development plan permits for the
construction of a 100% affordable housing project on two noncontiguous sites: 24 units at 965
Oak Avenue and 26 units at 3606 Harding Street. The homes will be a mix of studio, one, two,
and three-bedroom units for very low and extremely low-income veterans and their families. A
portion of the units will provide permanent supportive housing for homeless veterans to improve
housing retention, health, education and employment/career opportunities. A dedicated case
manager will work with veterans on an individual case plan, offer assistance in applying for
benefits, and provide linkages to other community services.
On Feb. 14, 2017, th~ City Council approved a loan from the Housing Trust Fund in the amount of
$4.25 million to Affirmed Housing (project owner) to assist with Project financing. The estimated
total cost of the Project at the time was $21.4 million, with Affirmed Housing to seek additional
funding from other sources such as the Veterans Administration and the State Tax Credit
Program.
Discussion
Since the 2017 Project approval and commitment of funding assistance from the City of Carlsbad,
Affirmed Housing has been actively pursuing the additional financing necessary to complete the
Project, including funding from the California Housing and Community Development Department
Veterans Housing and Homelessness Prevention Program (February 2017 and July 2018) and the
County of San Diego Innovative Housing Trust Fund (March 2018). Those efforts have not been
successful. However, in November 2018, the County of San Diego Health and Hum~m Services
Agency (HHSA) issued a Notice of Funding Availability (NOFA) for the No Place Like Home (NPLH)
state grant. NPLH funding provides for development of permanent supportive housing for
persons in need of mental health services and who are experiencing homelessness, chronic
Community Services Branch
Housing and Neighborhood Services
1200 Carlsbad Village Drive I Carlsbad, CA 92008 I 760-434-2935 t
Honorable Mayor Hall and Members of the City Council
Dec.5,2019
Page 2
homelessness or are at-risk of chronic homelessness. Nine proposals were submitted in response
to the NOFA, including one by Affirmed Housing.
On Aug. 16, 2019, HHSA issued a Notice of Conditional Commitment awarding NPLH funds in the
amount of $10.14 million to Affirmed Housing for the Project. Additionally, the County of San
Diego will be providing on-site supportive services and case management to Project residents.
In October 2019, Affirmed Housing applied for tax credit financing of $14.1 million from the
California Tax Credit Allocation Committee (CTCAC). Announcement of awards is expected by
mid-January 2020.
Next Steps
Affirmed Housing expects that, even with the funding secured to date and anticipating successful
award from CTCAC, there will be a funding gap. Affirmed Housing has approached staff about
securing additional funding from the city, and those discussions are ongoing. At the appropriate
time, staff will bring an item for City Council consideration of providing additional financial
assistance to the Project.
cc: Scott Chadwick, City Manager
Celia Brewer, City Attorney
Mike Peterson, Interim Community & Economic Development Director
David de Cordova, Principal Planner